# The Teachers' Superannuation (Scotland) Amendment (No. 2) Regulations 2006, Regulation 4: Amendment of the Teachers' Superannuation (Scotland) Regulations 2005


In regulation E23 (Commutation: exceptional circumstances of ill-health)–
(a) in paragraph (1) omit “in respect of so much of that pension as exceeds the teacher’s guaranteed minimum”;
(b) at the end of paragraph (1) insert “if such a lump sum would be a serious ill-health lump sum as defined in paragraph 4 of Schedule 29 to the Finance Act 2004.”; and
(c) for paragraph (2) substitute–
“(2) The lump sum is an amount equal to five times the annual rate of the retirement pension.”.

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Source: https://www.legislation.gov.uk/ssi/2006/605/regulation/4 (the official version)
Page: https://openlegislation.uk/teachers-superannuation-scotland-amendment-no-2-regulations-2006/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.